NIMCO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NIMCO
Largest movements
- Receivables within one year +€12,215
up €12,215 (+40.9%), from €29,829 to €42,044
of which Trade receivables: +€11,909
- Tangible fixed assets -€6,500
down €6,500 (-6.2%), from €105,477 to €98,977
of which Plant, machinery and equipment: -€3,987
- Other debts +€27,976
up €27,976 (+107%), from €26,087 to €54,063
- Reserves -€25,000
down €25,000 (-18.9%), from €132,440 to €107,440
of which Distributable reserves: -€25,000
- Profit (loss) carried forward +€14,817
up €14,817, from -€9,984 to €4,833
- Trade debts -€14,231
down €14,231 (-83.9%), from €16,969 to €2,738
- Depreciation -€3,649
down €3,649 (-36.0%), from €10,149 to €6,500
- Financial charges +€1,871
up €1,871 (+578%), from €324 to €2,194
- Gross operating margin +€597
up €597 (+2.5%), from €24,084 to €24,681
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,141 | €247,744 | +€4,603 | +1.9% |
| Fixed assets | 21/28 | €105,477 | €98,977 | -€6,500 | -6.2% |
| Tangible fixed assets | 22/27 | €105,477 | €98,977 | -€6,500 | -6.2% |
| Land and buildings | 22 | €72,443 | €72,443 | = | 0.0% |
| Plant, machinery and equipment | 23 | €24,211 | €20,223 | -€3,987 | -16.5% |
| Furniture and vehicles | 24 | €8,823 | €6,310 | -€2,513 | -28.5% |
| Current assets | 29/58 | €137,665 | €148,767 | +€11,103 | +8.1% |
| Stocks and contracts in progress | 3 | €3,500 | €2,835 | -€665 | -19.0% |
| Stocks | 30/36 | €3,500 | €2,835 | -€665 | -19.0% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €29,829 | €42,044 | +€12,215 | +40.9% |
| Trade receivables | 40 | €29,648 | €41,556 | +€11,909 | +40.2% |
| Other amounts receivable | 41 | €182 | €488 | +€306 | +169% |
| Cash at bank and in hand | 54/58 | €102,792 | €102,874 | +€82 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,544 | €1,014 | -€529 | -34.3% |
| Total equity and liabilities | 10/49 | €243,141 | €247,744 | +€4,603 | +1.9% |
| Equity | 10/15 | €196,856 | €186,673 | -€10,183 | -5.2% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Capital | 10 | €74,400 | €74,400 | = | 0.0% |
| Issued capital | 100 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €132,440 | €107,440 | -€25,000 | -18.9% |
| Non-distributable reserves | 130/1 | €7,440 | €7,440 | = | 0.0% |
| Legal reserve | 130 | €7,440 | €7,440 | = | 0.0% |
| Distributable reserves | 133 | €125,000 | €100,000 | -€25,000 | -20.0% |
| Profit (loss) carried forward | 14 | -€9,984 | €4,833 | +€14,817 | |
| Amounts payable | 17/49 | €46,286 | €61,071 | +€14,785 | +31.9% |
| Amounts payable within one year | 42/48 | €46,286 | €61,071 | +€14,785 | +31.9% |
| Trade debts | 44 | €16,969 | €2,738 | -€14,231 | -83.9% |
| Suppliers | 440/4 | €16,969 | €2,738 | -€14,231 | -83.9% |
| Taxes, remuneration and social security | 45 | €3,229 | €4,270 | +€1,041 | +32.2% |
| Taxes | 450/3 | €2,429 | €4,270 | +€1,841 | +75.8% |
| Remuneration and social security | 454/9 | €800 | €0 | -€800 | -100% |
| Other amounts payable | 47/48 | €26,087 | €54,063 | +€27,976 | +107% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,149 | €6,500 | -€3,649 | -36.0% |
| Other operating charges | 640/8 | €1,268 | €1,214 | -€54 | -4.2% |
| Gross operating margin | 9900 | €24,084 | €24,681 | +€597 | +2.5% |
| Operating profit (loss) | 9901 | €12,667 | €16,967 | +€4,300 | +33.9% |
| Financial income | 75/76B | €190 | €45 | -€145 | -76.2% |
| Recurring financial income | 75 | €190 | €45 | -€145 | -76.2% |
| Financial charges | 65/66B | €324 | €2,194 | +€1,871 | +578% |
| Recurring financial charges | 65 | €324 | €2,194 | +€1,871 | +578% |
| Profit (loss) for the period before taxes | 9903 | €12,533 | €14,817 | +€2,284 | +18.2% |
| Profit (loss) for the period | 9904 | €12,533 | €14,817 | +€2,284 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,533 | €14,817 | +€2,284 | +18.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.